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Saturday, February 6, 2016

Corporation Bank inks pact with Universal Sompo for accident death coverage

Corporation Bank has signed a memorandum of understanding (MoU) with Universal Sompo General Insurance Co Ltd for providing accident death coverage to its savings bank account holders under Corp Signature, Corp Super and Corp Saral category.

A press release by the bank said here on Saturday that the bank provides free personal accident death cover of Rs.10 lakh to its Corp Signature and Rs.5 lakh to its Corp Super account holders.

The MoU was signed in the presence of Jai Kumar Garg, Managing Director and Chief Executive Officer of Corporation Bank, and VV Vendhen, Head (Bancassurance), Universal Sompo General Insurance Co Ltd.


Source : Thehindubusinessline

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